Business Savings

American National Bank offers three unique business savings accounts:

  • Regular savings accounts for any type of business
  • Preferred savings accounts with a competitive interest rate
  • High Interest Money Market for higher yields

Regular Savings

Available for all individuals and any type of business:

  • Minimum opening deposit: $50.00
  • Minimum Balance to earn interest: $50.00
  • 15 withdrawals can be made per calendar quarter
  • No maintenance fee for a balance of $50 or higher

If your minimum balance is below $50 at any time during the statement cycle, there will be a quarterly maintenance fee of $3.00. If more than 15 withdrawals are made during the statement cycle, there will be a $1.00 fee for each withdrawal in excess of 15.

Preferred Savings

Earn a competitive rate of interest. The higher your balance…the more you earn!

  • Minimum opening deposit - $50
  • Minimum Balance to earn interest: $50.00
  • 15 withdrawals can be made per calendar quarter
  • No maintenance fee if a $50 minimum balance is maintained

If the minimum balance is below $50 at any time during the statement cycle, there will be a quarterly maintenance fee of $3.00. If more than 15 withdrawals are made during the statement cycle, there will be a $1.00 fee for each withdrawal in excess of 15.

High Interest Money Market

Offers the higher yields you would expect to see with certificates of deposit, but without the time commitment. This account also features the convenience of check access. Interest is earned on your entire balance.

  • Amount required to open this account is $50
  • Six preauthorized withdrawals per month - FREE
  • No monthly maintenance fee if a $2,500 minimum balance is maintained

If your minimum balance is below $2,500 at any time during the statement cycle, there will be a monthly maintenance fee of $10.00. A $15.00 per-item fee will be charged for each preauthorized withdrawal over 6 per monthly statement cycle, 3 of which may be checks or POS purchases.